Kasikorn Bank lowers 2019 GDP growth forecast to 3.1%

Kasikorn Bank lowers 2019 GDP growth forecast to 3.1%

Kasikorn Bank lowers 2019 GDP growth forecast to 3.1% Kasikorn Research Center (KResearch) has adjusted its expected GDP growth figure this year, lowering it from 3.7 to 3.1 percent, following Bank of Thailand lowering estimates from 3.8% to 3.3% Kasikorn Research Center (KResearch) has adjusted its expected GDP growth figure this year, lowering it from…

Thailand enters 5G technology era

Thailand enters 5G technology era

Thailand enters 5G technology era Thailand is leading the ASEAN community in 5G technology beginning with Chulalongkorn University and the Eastern Economic Corridor project from next year. The Thai Government’s National Broadcasting and Telecommunications Commission (NBTC) says it wants Thailand to be one of the first Asian countries to make the jump to 5G. Thailand is…

Thai vehicle production shrinks 6.11% YoY in May

Thai vehicle production shrinks 6.11% YoY in May Thai vehicle production in May 2019 was 181,338 units, which is 6.11 percent lower than the previous year due to declines in both domestic and international markets. BANGKOK, 14 June 2019 (NNT) – The Thai vehicle production yield in May 2019 was lower by 6.11 percent year-on-year…

WeWork opens up in Bangkok. What is WeWork?

WeWork opens up in Bangkok. What is WeWork

WeWork opens up in Bangkok. What is WeWork? “This will pave the way for WeWork’s unique proposition to connect two major groups within the WeWork community: corporations looking to innovate, and start-ups looking to grow and better establish their business.” WeWork has started operations in Thailand. So what is WeWork? WeWork – a platform for…

Thai exports pay price for US-China trade war

Thai exports pay price for US-China trade war

Thai exports pay price for US-China trade war US markets the new hope after shipments slump to a 24month low last month. THAI EXPORTS contracted in April by 2.6 per cent year on year, hitting their lowest level in 24 months, impacted by the US-China trade war, the Commerce Ministry said yesterday, adding it was…

EGCO posts 47% Q1 gain due to increased power generation

EGCO posts 47% Q1 gain due to increased power generation

EGCO posts 47% Q1 gain due to increased power generation Electricity Generating Public Company Limited is showing Bt2,915 million in first-quarter 2019 operating profit as it looks to future growth. Looking forward, EGCO Group is planning to convert its former power plant land in Rayong into an industrial estate within the Eastern Economic Corridor (EEC)…